JURISDICTIE Jurnal Hukum dan Syariah
Jurisdictie: Vol. 10, No. 1 (2019)

POSITIONING ISLAMIC LEGAL THEORY IN THE DEVELOPMENT OF ISLAMIC FINANCE

Qonita, Nuha (Unknown)



Article Info

Publish Date
11 Jul 2019

Abstract

Islamic finance continues to grow over the world, the development of technology plays a crucial role to support Islamic finance. The great innovation of technology may come to dig up the potential of Islamic financing, yet digital system needs for sharia compliance, both are in similar needs for sharia overviews regardless different opinions of ijtihad in this modern time. Emphasizing case by case of Islamic finance has been done by the sharia scholars in producing the new product of Islamic banking and financing. The Islamic jurisprudence however should consider the substence and maqasid form of sharia. The objective of this paper is to enlight some vital parts of Islamic legal theory as part of Islamic law in implementing sharia compliance. Furthermore, provide the role of legal system which takes a crucial place in implementing the system, it should be harmonized in the existing condition of Islamic finance. This paper is qualitative methods with deep analysis on Islamic legal theory among muslim scholars.

Copyrights © 2019






Journal Info

Abbrev

jurisdictie

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Jurisdictie (print ISSN 2086-7549, online ISSN 2528-3383) is peer-reviewed national journal published biannually by the Law of Bisnis Syariah Program, State Islamic University (UIN) of Maulana Malik Ibrahim Malang. The journal puts emphasis on aspects related to economics and business law which ...